Business Acceptance Executive

We are currently recruiting for a Business Acceptance Executive to join our newly formed Centralised Business Acceptance Team.

Role and responsibilities
  • Carry out and manage the onboarding of new client and matter requests from across the firm, including generating high level conflict reports
  • Carry out and manage anti-money laundering client due diligence and verification processes on a range of client types with different legal structures
  • Liaise internally with money laundering reporting officer and legal risk partner and escalate sources of AML risk where required
  • Research and review publicly available sources and information service providers for information pertaining to client due diligence
  • Liaising directly with clients to secure required AML documentation
  • Review and approval of AML/CDD requirements for varying client types
  • Liaising across departments/functions to handle specific queries and requests
  • Identifying, recommending and implementing improvements to existing processes and procedures
  • Carry out monitoring, reporting and analysis on AML procedures
  • Assist in carrying out staff AML training
Skills, experience and characteristics
  • Minimum 2-3 years' experience in AML/KYC due diligence requirements
  • Sound knowledge of the latest AML legislation
  • Have had exposure to PEPs as well as High Risk individuals and entities with an understanding of the AML documents required
  • Sound knowledge of AML/CDD requirements, systems and procedures aligned to current regulations
  • Familiarity with screening and reviewing information for Sanctions and PEPs in order to rule them as a true or false match
  • An understanding of typical legal structures including regulated entities, plc's, hedge funds, special purpose vehicles, partnerships, trusts and charities and the AML required
  • Strong analytical skills and attention to detail
  • Management of competing priorities and adherence to established policies and procedures
  • Exercise good judgement, confidentiality and discretion in communicating with colleagues, partners and clients
  • Excellent verbal and written communication skills
  • Proficient in standard Office applications (MS Word, Excel, PowerPoint)
  • Proven self-starter with ability to work on own initiative and part of a wider team
  • Awareness of different regulatory bodies in different jurisdictions including EU and USA (Not a necessity)
  • Eagerness for continued improvement and willingness to learn new software/systems